Tag: 2015

This page tracks Social Security Cost-of-Living Adjustments year by year — confirmed figures and the latest forward estimates. The 2026 COLA is confirmed at 2.8%, effective January 2026. The 2027 COLA is currently tracking around 3.8%, after briefly spiking toward 4.7% in June. I've also added what the latest Trustees…

Tax season stalls out fast when you're missing a document. Here's exactly when to expect each form covering your 2026 income, what it reports, and what to do if February 2027 comes and goes without it. The Full Deadline List for 2027 Filing (2026 Tax Year) Form What It Reports…

The IRS has released its latest individual employee contribution annual limits for those participating in employer sponsored retirement programs covering 401(k), 403(b), 457 and Government Thrift Savings (TSP) plans. Changes are shown in the table below. The contribution limits are indexed to inflation and as a result are adjusted annually…

The Saver's Credit gives lower- and moderate-income workers a direct tax credit — not just a deduction — for contributing to a retirement account. For 2026, the income limits increased across all filing statuses, so more people now qualify than in prior years. The IRS confirmed these thresholds in Notice…

The maximum federal Supplemental Security Income (SSI) payment for 2026 is $994 a month for an individual and $1,491 a month for a couple, confirmed by the Social Security Administration's 2.8% cost-of-living adjustment (COLA). That's up from $967 and $1,450 in 2025. Most people don't actually get the maximum. Your…

Under the latest Biden tax proposals, there is talk of restoring the the tax benefit limitation of itemized deductions to 28 percent of value for those earning more than $400,000. The proposal would also restores the Pease limitation on itemized deductions for taxable incomes above $400,000 that is discussed below…

If I had to pick one tax-advantaged account most people are underusing, it would be the HSA — and it's not particularly close. I've been contributing to one for years, and the more I've learned about how these accounts work, the more I think of them as a stealth retirement…